Articles

Insurance

Insurers brace for potential surprises in UK’s Spring Budget

The insurance industry worries that further levies could be included in the UK government 2017 Spring Budget to be published on March 8.   7 March 2017

Insurance

Insurers’ cyber risk vulnerabilities laid bare

Cyber risk is increasingly becoming a worry for insurance companies as the industry accelerates the digitization of the business, according to a Boston Consulting Group (BCG) report.   7 March 2017

Insurance

Reinsurers face growth opportunity in US flood risk

The US National Flood Insurance Program (NFIP) has tested the transfer of flood risk to the private reinsurance sector, paving the way for a large-scale privatisation of US flood risk.   30 November 2016

Insurance

Aviva partners with tech start-up on workplace pensions

Aviva, the UK’s largest insurer, has teamed up with HR and insurance tech start-up hibob to help small and medium-sized companies set up their workplace pension schemes.   6 March 2017

Insurance

Insurers count cost of Sydney storm; IAG calculates reinsurers’ share

Australian insurers have started estimating the likely cost of the hailstorms that hit the East Coast on February 18.   6 March 2017

Insurance

Meeting the cyber insurance challenge – head on

AkinovA hosted its first ‘Ask The Experts’ private event and Q&A evening in May, bringing together some of the insurance, forensics, capital markets, modelling and legal industries’ leading experts on cybersecurity. Bermuda:Re+ILS summarises some of the points made at the event.   24 July 2020

Insurance

European insurance M&A activity slows in 2016

European non-life and life insurers engaged in less merger and acquisition (M&A) activity in 2016 than in either of the preceding two years, according to AM Best.   10 April 2017

Insurance

Munich Re leads $45m funding for insurtech start-up Trov

California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures.   7 April 2017

Insurance

AXA Asia CEO Laurent Josi steps down

French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end.   29 June 2017

Insurance

Frequency and intensity of most weather phenomena to increase

The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods.   29 June 2017

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